Irish economy troubles on BBC Radio 4 now...

He said we should default, ditch the Euro. There are 2 categories - insiders who take all & outsiders who get their heads nailed to the floor. If we don't abandon the Euro we are going to be in hock for 50 years. He foresaw all this years ago & said so publicly. He said there were 3 reaction stages to his pronouncements. 1. Ridicule 2. Threats of violence, & 3. Agreement with you.
Those who wreaked havoc on the economy have to be isolated as quickly as possible & the electorate has to ensure that that happens.
In the U.S. those at the top who caused financial ruin were arrested & ended in jail: What happens here?
Already there are rats leaving the sinking ship here . . .why? because they will make more from their fat pensions than they would on the opposition benches.
A pity you couldn't have attended, Joe, McWilliams is outstanding.


Did he say what to take up after the euro
US $ or British £ ???
Do you remember that program he did
"the popes children" I had the cameraman on
the back of me moto doing all shots of rush hour
in Dublin city and M50...with full size camera
thats me claim to fame :D
 
Not specific on the currency. But the intertrade between Britain & ireland is hugely significant. The British multi stores are screwing us here; in some cases a mark up of 50% on the sterling figure.
 
Copied from the Financial Times

Financial Times names Lenihan Europe's worst Finance Minister




Brian Lenihan was today named the worst finance minister in Europe in an annual ranking by a leading financial newspaper.
The Financial Times said Mr Lenihan was overcome by the scale of Ireland's crisis and failed to rescue the banks despite the massive taxpayer bailout.

"Some of the country's problems simply proved too great to handle," said the newspaper. "Brian Lenihan was overwhelmed by the crisis in Ireland's banking system and the implosion of the country's economic growth."

It is the second year in a row Mr Lenihan has been ranked the worst performing of 19 European finance ministers in the newspaper's yearly league.

Ministers are judged individually on their political ability, economic performance and credibility in the international markets and then given an overall score.

Mr Lenihan was ranked second worst on both economic performance and credibility.

He fared only slightly better on political ability, as third worst, but his overall score put him at the bottom of the table.

"Having taken responsibility for €74bn of their dud property loans and provided €50bn of recapitalisations, the 51-year-old has run out of policy tools and the sector is back where it started - facing a funding crisis and locked out of the debt market," the newspaper said.

One of the judges, Jacques Delpla, a member of the Conseil d'Analyse Economique in Paris, said Mr Lenihan had not thought through the €440bn bank guarantee scheme.

"In my view, the worst minister is Ireland's Brian Lenihan," he said. "He took the decision to guarantee his country's banks in September 2010 without thinking through the consequences. The effects of that decision on the country's finances have become evident this year."

Germany's Wolfgang Schaeuble topped the poll, with Poland's Jacek Rostowski in second place ahead of last year's winner, France's Christine Lagarde.

Britain's newcomer George Osborne ranked sixth, scoring highly for his political skill in "pushing through a bold fiscal austerity plan".

George Papaconstantinou of Greece came in eighth after being deemed to have shown panache in his handling of his country's crisis.
 
Financial Times names Lenihan Europe's worst Finance Minister




Brian Lenihan was today named the worst finance minister in Europe in an annual ranking by a leading financial newspaper..


A wee song for him...


<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/bzfrcPJinVY?fs=1&hl=en_GB"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/bzfrcPJinVY?fs=1&hl=en_GB" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
 
FURTHERMORE . .

. .following the budget - those on salaries of €500k will be BETTER off by €7k+ & those on salaries of €1,000k will be BETTER off by €22k+
 
Lads you've got to watch this
make sure the KIDS cant hear...



<object width="640" height="390"><param name="movie" value="http://www.youtube.com/v/koY6kXhQDQo&hl=en_US&feature=player_embedded&version=3"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed src="http://www.youtube.com/v/koY6kXhQDQo&hl=en_US&feature=player_embedded&version=3" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="640" height="390"></embed></object>
 
. .following the budget - those on salaries of €500k will be BETTER off by €7k+ & those on salaries of €1,000k will be BETTER off by €22k+

This is turning into a wee Leftie State .....

Listen Boys , The Man on Eur500K is the Man that Is Employing
hundreds of the ordinary punter me and you ! ! !,,
This BS talk about taxing the Rich ,, what a lotta Bollocks ,
they are the people that drive a nation , and if the drivers leave
which they would do if they were to be subject to the draconian
tax takes you lot would impose on them , then we would be in a right
pickle ..
This is nearly , " but not quite as good " as the Plonker Shinner
on prime time the other night , he was gonnie ""Burn the senior bond holders " ""They havent gone away "" in mentality anyways....

Roll on the Plonker Lefties !.
 
This is turning into a wee Leftie State .....

Listen Boys , The Man on Eur500K is the Man that Is Employing
hundreds of the ordinary punter me and you ! ! !,,
This BS talk about taxing the Rich ,, what a lotta Bollocks ,
they are the people that drive a nation , and if the drivers leave
which they would do if they were to be subject to the draconian
tax takes you lot would impose on them , then we would be in a right
pickle ..
This is nearly , " but not quite as good " as the Plonker Shinner
on prime time the other night , he was gonnie ""Burn the senior bond holders " ""They havent gone away "" in mentality anyways....

Roll on the Plonker Lefties !.

So tell me...
Now honestly Civil...
How much money does a man need ???
:nenau:nenau:nenau
 
So tell me...
Now honestly Civil...
How much money does a man need ???
:nenau:nenau:nenau

This has absolutely nothing to do with what any man needs.
The point if the matter is really simple.
There are people out there that make themselves a lot of money ..
Usually in the process he employs others to help him make it ..
I believe that man is entitled to HIS money .
I would call said Chap a "Contributor" to our society , and he will pay tax
,not as much as the lefties would like him to , but its inevitable he will
pay as little as he can get away with . Men like this are not interested in
working to make a Dossers life better ,why should he.
If you want it ,, Work for it ,, SIMPLE.

Now on the other hand we have way too many fat cat politicians
Civil servants , these are the people that should be made more accountable . I would make their wages Results related ,
No results or bad resulst , No Pay or bad pay .
Not the 8 to 5 Mob of yae sayers , the Fat cats
in all the public service quangos ,,
 
This has absolutely nothing to do with what any man needs.
The point if the matter is really simple.
There are people out there that make themselves a lot of money ..
Usually in the process he employs others to help him make it ..
I believe that man is entitled to HIS money .
I would call said Chap a "Contributor" to our society , and he will pay tax
,not as much as the lefties would like him to , but its inevitable he will
pay as little as he can get away with . Men like this are not interested in
working to make a Dossers life better ,why should he.
If you want it ,, Work for it ,, SIMPLE.

Now on the other hand we have way too many fat cat politicians
Civil servants , these are the people that should be made more accountable . I would make their wages Results related ,
No results or bad resulst , No Pay or bad pay .
Not the 8 to 5 Mob of yae sayers , the Fat cats
in all the public service quangos ,,

You did not answer the question...
But will tell you this...
looking at the dates of the next goverment taking
office and the next financial quarter both here and
the rest of europe... "The Ides of March"
looks very likely for meltdown...
 


Back
Top Bottom